WELLINGTON WOOL SALE

Greymouth Evening Star, 20 February 1937, Page 14

WELLINGTON WOOL SALE

LOWER RANGE OF PRICES [PEB PBBSB ASSOCIATION.] WELLINGTON, February 19. The vagaries and uncertainties of the wool market were strongly in evidence at the third Wellington sale ot the 1936-37 session, which was .held to-day, and which, in its results presented a marked contrast to that of last month. At the January sale, prices were generally from one penny to lid and in many cases from 2d to 21d higher than at the first auction in December. To-day prices went back to about the December level, the decline in the case of half breds and Southdowns being eve’n more pronounced. The peak of the wool market was reached in January, and since it has shown a definitely easier trend. This added to the fact that the wools offered were not up to the quality of those sold last month, accounted for the decline. Little exception could be taken to the prices paid to-day, which were far in advance, of, and in many, cases double, those of a year ago. Buying was well spread, and there was a good clearance, passing at auction being under ten per cent. The official range of prices was as follows, the prices at the January sale being given first and the prices at February sale second: — Merino: —Extra super: None—none; super 20|d to 23£d —none; average 18Jd to 20d—16d to 193 d;, inferior to 163d—14d to 151 d. Fine halfbred 56/B’s: Extra super none —none; super 221 d to 24Jd none; average 193 d to 213d —16Jd to 19d; inferior to 19Jd —133 d to 16d.

Medium halfbred, 50/6’s: Extra super none —none; super 22d to 23d — 193 d; average 19d to 213d —151 d to 19d; interior 163 d to 18 I — 13? id to 14d.

Extra fine crossbred 48/50’s: Super 18Jd to 20Sd—16|d to 183 d; average 16Jd to 18d —15d to 174 d; inferior 15d to 16d—14d to 143 d. Fine crossbreds, 46/B’s: Super 17d to 19Jd —16d to 181 d; average 15d to 18d —143 d to 163 d; inferioi’ 131 d to 16 —l3d to 14Jd. Medium crossbred 44/6’s: Super 16d to 193d —15 Jd to 18Xd; average 15id to 17d —14£d to 16d; inferior 14d to 16d—13d to 14.]d,

Coarse crossbred, 40/4s: Super 16Jd to 19Jd —16d to 18Jd; average 16d to 18d —143 d to 16Jd; inferior 143 d to 165d—133d to 14Sd. Low crossbred, 36/40’- Super to 173 d —l6id to 173 d; average to 173d —151 to 171 d; inferior 16d to 171d —141 d. Hoggets 48/50’s: 15|d to 20Jd — 15£d to 17Sd; fine 46/B’s, 15d to 18|d —l5l to 173 d; medium 44/6’s, 16d to 17d —14Jd to 17d; coarse 40/4’s none—14d to 153 d; low 36/40’s none 17|d. Lamb’s down, 50/6’s: None —18d to 191 d; fine 44/50’s, 151 d to 21d —16d to 19Jd; medium 40/4’s, 15d to 18d —141 d t0‘15.3d; seedy and inferior lOd to 141 d; 10id to 14d. ' Bellies and pieces: Merino, good to supeY 14d to 15Jd —141 d to 153 d; merino low- to medium to 133d —123 d to 133 d; half bred good to super 131 d to 183 d; halfbred good to super 13MI to ISgd—ii? t d to 141 d; halfbred low to medium Hid to 13Jd —101 d to llld; crossbred good to super 12M1 to 16Jd —Hid to 14id; crossbred low to medium Sid to 13d—91d to 12Jd. x Cru tellings: Medium to good 13d to 173d —13d to 163 d; inferior and seedy 9id to 123d—91d to lid. Locks: Meri,no—lo3d—none; lialfbred 9d to 9id — none; crossbred 83d to 10id —83d to 93d.